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(Z18) Bears Need Close Below..........>

EURIBOR TECHS
EURIBOR TECHS: (Z18) Bears Need Close Below 100.250
*RES 4: 100.295 - 55-DMA 
*RES 3: 100.293 - 21-DMA 
*RES 2: 100.280 - High May 28 
*RES 1: 100.277 - 100-DMA
*PREVIOUS CLOSE: 100.265
*SUP 1: 100.258 - 200-DMA
*SUP 2: 100.250 - Low Feb 26
*SUP 3: 100.240 - Low Jan 29
*SUP 4: 100.233 - Weekly Bollinger band base
*COMMENTARY: Pressure on the 100-DMA and 100.275 took their toll with an
aggressive sell-off Friday and close below key supports that see focus now on
the 100.250-258 region where the 200-DMA is located. O/S studies are the key
concern for bears. Bulls now need a close above 100.280 to gain breathing room
and above the 55-DMA to shift focus back to 2018 highs.

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